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This material is provided for information only. No account has been taken of the objectives, financial situation, or needs of any particular person. Accordingly, investors should, before acting on the information provided, consider the appropriateness of the advice, having regard to the investor’s objectives, financial situation, and needs.
If you’re aged 60 or over, there’s a way you can access some of your super even if you’re still working. By starting what’s known as a ‘transition to retirement’ (TTR) pension, you can receive a tax-free income to help you ease into retirement. Or, if you plan to keep working full-time, you could use the income to boost your super, reduce debt and more.
Read MoreThe proposed new superannuation tax on balances above $3.0m represents a major change in the way taxation works in this country. For the first time “unrealised capital gains” will be taxed, which has understandably created significant controversy in superannuation and taxation circles, not to mention amongst investors. However, the discussion of this new Div 296 tax is largely characterised by misinformation and misunderstanding. It also still has some way to go before becoming law. Accordingly, we attach the answers to some Frequently Asked Questions, as well as a calculator.
Read MoreIf you make a gain on the sale of an investment, capital gains tax (CGT) can eat into your profits. But the good news is you may be able to use some of the sale proceeds to help you save on tax and grow your super.
Read MoreThe First Home Super Saver (FHSS) scheme is available to you if you are over 18 and have never owned an Australian property before.
Read MoreWe look at the changes to super rates and rules from 1 July 2024, including the increase to the Superannuation Guarantee (SG) rate and super contribution caps.
Read MoreStrict rules govern how your super is distributed when you die – and it’s important to follow those rules to make sure your money goes to whom you want.
Read MoreYou may pay less tax when tax cuts take effect from 1 July. While the tax savings will depend on your circumstances, it’s important to think about the best way to use them.
Read MoreWhen selling an eligible property, you may be able to contribute to super, even when it ordinarily wouldn’t be possible because of the restrictions that apply to other super contributions.
Read MoreYou might be wondering what to do with your cashflow given the recent rise in home loan interest rates. Should you pay off your mortgage faster or save more in super?
Read MoreThese two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
Read MoreFrom 1 July 2023, superannuation members with account-based pensions are required to again take at least the standard minimum pension amount each year from their account.
Read MoreIf you are looking to increase your super, and are under age 75, then a good way is through making non-concessional contributions.
Read MoreThe most common actions Australians are taking to reduce their carbon footprint include recycling paper, plastics and glass and drying their clothes on a line or rack instead of using a dryer, but a new whitepaper published by Australian Ethical has found installing solar panels on your home, switching to a green energy plan and switching your superannuation to an ethical fund are the three actions that have the most impact.
Read MoreThe Government has announced its intention to change the tax concessions for certain super accounts if you have a total super balance of more than $3 million.
Read MoreAustralians, on average, are living longer than ever, thanks to better health and medical advances. That means the longer you live, the more money you will need for your retirement.
Read MoreNominating your super beneficiary is something you have most likely been asked to do if you have a superannuation fund.
Read MoreSuper rules can affect couples differently to single people. And being part of a couple can have a big impact on your retirement savings goals too. Here are five things to understand about your super as a couple.
Read MoreIf you are a small business owner you would know the importance of having a good team behind you. That includes a team that can help look after your finances, talk to you about appropriate business insurance and discuss succession planning for when you decide to wind up the business, or you are forced out due to ill health or death.
Read MoreSpecialists Financial Advisers to high net worth families, company directors and city professionals
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